Is Milford, MI 48380 a buyer’s or seller’s market?

The Milford housing market right now

In the three months ending August 31, 2026, 43% of homes in Milford, MI 48380 sold above their list price, the typical home went under contract in 17 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 31 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 38%, homes sold faster (30 days then) and the median sale price rose 7% to $730,184. Overall, Milford is more competitive than a year ago, so tougher for buyers.

Within Oakland County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 81%. On our competition score, Milford ranks #108 of 510 MI ZIP codes with enough sales (score 78 out of 100).

Nearby, buyers who want less competition could look at Oxford 48370 (0% sold over asking) or Southfield 48034 (16% sold over asking), while Huntington Woods 48070 (74% sold over asking) and Pleasant Ridge 48069 (54% sold over asking) are even more competitive.